iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Shares Down 5.4% – Here’s What Happened

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ)’s stock price traded down 5.4% during trading on Monday . The company traded as low as $9.57 and last traded at $9.24. 725,697 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 711,950 shares. The stock had previously closed at $9.77.

iShares 25+ Year Treasury STRIPS Bond ETF Price Performance

The firm’s 50 day simple moving average is $9.82 and its two-hundred day simple moving average is $10.10.

iShares 25+ Year Treasury STRIPS Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.0374 dividend. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On iShares 25+ Year Treasury STRIPS Bond ETF

An institutional investor recently bought a new position in iShares 25+ Year Treasury STRIPS Bond ETF stock. Flow Traders U.S. LLC bought a new position in shares of iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 36,145 shares of the company’s stock, valued at approximately $371,000. Flow Traders U.S. LLC owned 0.14% of iShares 25+ Year Treasury STRIPS Bond ETF at the end of the most recent quarter.

About iShares 25+ Year Treasury STRIPS Bond ETF

The iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US separate trading of registered interest and principal securities (STRIPS), with remaining maturities of at least 25 years.